RDDT vs VXX: Correlation
How closely do Reddit (RDDT) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) trade together? Their weekly returns over three years give a correlation of -0.41, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RDDT and VXX?
Across a 3-year window, the weekly returns of RDDT and VXX correlate at -0.41, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.51) than the 3-year average (-0.41). Stretching to 5 years gives n/a, with an annualized covariance of -1963.6 %².
VXX is close to the least connected end of RDDT's tracked universe, ranking #39 of 40. Correlation aside, the last 12 months split them widely, with RDDT ahead by 22.6 points (-27.1% versus -49.7%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
RDDT vs VXX: side by side
| RDDT (Reddit) | VXX (iPath Series B S&P 500 VIX Short-Term Futures ETN) | |
|---|---|---|
| 1-year return | -27.1% | -49.7% |
| 5-year return | n/a | -95.6% |
| Volatility (ann.) | 75.2% | 60.9% |
| Beta vs S&P 500 | 2.59 | -3.31 |
| Max drawdown (3Y) | -61.4% | -83.3% |
| Market cap | $29.6B | – |
| P/E (trailing) | 36.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | RDDT | VXX |
|---|---|---|
| 2022 | – | -23.8% |
| 2023 | – | -72.5% |
| 2024 | – | -26.2% |
| 2025 | +40.6% | -42.2% |
| 2026 | -33.0% | -31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RDDT and VXX good diversifiers for each other?
Yes: at -0.41, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RDDT and VXX?
The RDDT/VXX correlation stands at -0.41 on a 3-year window (1 year: -0.51, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is VXX a good diversifier for RDDT?
Yes: at -0.41, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.41 mean?
A reading of -0.41 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rddt-vs-vxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rddt-vs-vxx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RDDT correlations · VXX correlations
